Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.027%
Price spread now: Kraken Futures against Variational Omni+0.018%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.018%, 7d avg +0.079%
=Together, before fees+0.050%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.061% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FIL | 0.9956 | 0.0100 | pay 0.0100% / 8h | 3h 21m | $450K | $266K | — |
| Short | Kraken Futures PF_FILUSD | 0.9957 | 0.0067 | get 0.0008% / 1h | 21m 20s | $1.4M | $2.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.99
- Price spread: +0.018% → +0.079%
- −$6.06
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$23.05
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 33 min ago; Kraken Futures: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 33 min ago | 3.24 bp | doesn't fit | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 5.53 bp | 13.4 bp −$13 | 37.4 bp −$374 | doesn't fit | doesn't fit |
FIL on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0453% | 1h | 0.9953 | −0.027% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9951 | −0.047% | $357K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9953 | −0.032% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9957 | +0.011% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0008% | 8h | 0.9946 | −0.097% | $18.4M | $106.1M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0024% | 8h | 0.9954 | −0.017% | $7.3M | $7.7M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.011% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSDshort | +0.0067% | 1h | 0.9957 | +0.018% | $1.4M | $2.3M | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9946 | −0.100% | $148K | $370K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9955 | −0.008% | $8.4M | $9.4M | 5x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9949 | −0.064% | $508K | $613K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9950 | −0.057% | $57.2M | $185.3M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9948 | −0.077% | $15.8M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9953 | −0.027% | $8.4M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9951 | −0.047% | $240K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9945 | −0.107% | $11.3M | $20.5M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9948 | −0.077% | — | $11.8M | — | as long as short |
| Variational Omni FILlong | +0.0100% | 8h | 0.9956 | long leg | $450K | $266K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9939 | −0.168% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9965 | +0.095% | $294K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9950 | −0.057% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9958 | +0.021% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9950 | −0.057% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9947 | −0.087% | $476 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9958 | +0.024% | $618K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9940 | −0.157% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9945 | −0.105% | $696K | $2.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9940 | −0.157% | $2.7M | $712K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0583% / S −0.0253% | 1h | 0.9951 | −0.050% | $266K | — | 100x | as long as short |
Variational Omni FIL
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]